INVX Innovex International PE ratio, current and historical analysis
As of Dec 20, 2024, the INVX stock has a PE ratio of 8.59. The calculation is based on the latest EPS of $1.46 and the stock price of $12.54 per share.
INVX PE ratio history
The mean historical PE ratio of Innovex International over the last ten years is 157.42. The current 8.59 P/E ratio is 95% lower than the historical average. Looking back at the last ten years, INVX's PE ratio peaked in the Dec 2023 quarter at 1,163.5, with a price of $23.27 and an EPS of $0.02. The Sep 2024 quarter marked the lowest point at 10.05, with a price of $14.68 and an EPS of $1.46.
Innovex International PE ratio by year
Maximum annual increase: 104.3% in 2016
Maximum annual decrease: -44.11% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 1,163.5 | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 938.2 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | 24.21 | 104.3% |
| 2015 | 11.85 | -19.39% |
| 2014 | 14.7 | -44.11% |
INVX average PE ratio chart
The current PE ratio of INVX is lower than its 3, 5 and 10-year averages.
INVX PE vs peers
INVX's PE ratio stands lower than its peer stocks SLB and FTI, but it is higher than NOV's. Innovex International is currently trading at a lower PE ratio (8.59) than its peers average of 16.5.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 5.17 | $5.47B |
| INVX Innovex International Inc. | 8.59 | $843.25M |
| SLB Schlumberger Limited | 11.69 | $52.01B |
| FTI TechnipFMC plc | 18.64 | $12.29B |
| FTK Flotek Industries Inc | 30.5 | $218.11M |
| OIS Oil States International Inc | N/A | $289.68M |
| FET Forum Energy Technologies Inc | N/A | $174.55M |
| NR Newpark Resources Inc | N/A | $634.03M |
| BOLT Bolt Biotherapeutics Inc | N/A | $19.14M |
Frequently asked questions
What is Innovex International's PE ratio?
As of Dec 20, 2024, INVX stock has a price to earnings ratio of 8.59.
What is the 3-year average PE ratio for Innovex International (INVX)?
The 3-year average price to earnings ratio for INVX stock is 273.18.
What is the 5-year average PE ratio for Innovex International (INVX)?
The 5-year average price to earnings ratio for INVX stock is 368.19.
What is the highest PE ratio for INVX?
Over the last ten years, the quarterly PE ratio reached its highest level at 1,163.5 in the Dec 2023 quarter.
How does the current PE ratio for INVX compare to its historical average?
INVX's current price to earnings ratio is 95% below its 10-year historical average.
Why is Innovex International's PE ratio so low?
INVX's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.59 is considered low.
How is INVX's PE ratio calculated (Innovex International PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Dec 20, 2024), Innovex International's share price is $12.54. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.46. Therefore, Innovex International's PE ratio for today is 8.59. PE RATIO(8.59) = STOCK PRICE($12.54) / TTM EPS($1.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.